The UAE real estate sector maintained strong performance during the first half of 2026, supported by growing investment demand, expanding development activity and a diversified investor base, according to data released by real estate authorities.
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Qatar stepped up regional mediation efforts on Thursday, with Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani pressing Iran to restore freedom of navigation through the Strait of Hormuz, even as Tehran insisted that reopening the strategic waterway would depend on conditions being met by the United States.
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Nearly 362 people were killed and over 1,300 missing - including 700 foreigners - after flash flooding hit China and Nepal, destroying villages and infrastructure, said media reports. Rescue operations are on but officials said lack of connectivity, power and resources was posing a big challenge.
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Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani is due to visit Tehran on Thursday in a fresh diplomatic push to ease tensions between the US and Iran and help restore freedom of navigation through the Strait of Hormuz.
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Oil prices are climbing once again, and with them, fears that inflation could make an unwelcome return. Renewed tensions between the US and Iran have shifted investors' attention back to the impact of higher energy costs on the global economy, said a leading global market strategist.
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Iran and Oman have agreed to pursue a temporary shipping corridor through the Strait of Hormuz and launch efforts to clear mines from the strategic waterway, in the latest diplomatic push to restore the flow of vessels through the Strait.
Dubai ranked first globally, ahead of London, Singapore, Riyadh and Bengaluru among 233 cities, for the number of new foreign direct investment (FDI) projects in the cultural and creative sectors for a fourth consecutive year in 2025, attracting 754 projects, said a report.
Strong investor confidence, a strategic realignment of regional trade flows, and sustained momentum toward Vision 2030’s industrial diversification goals have reinforced Saudi Arabia’s position as a critical and resilient logistics hub, according to a JLL report.
The Board of Directors of Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has approved a proposal to raise AED1.75 billion ($476.46 million) through a rights issue, subject to obtaining the necessary shareholder and regulatory approvals, including approval from the Central Bank of the UAE.
Omani Foreign Minister Sayyid Badr bin Hamad Al Busaidi on Tuesday held constructive consultations with his Iranian counterpart Dr Seyed Abbas Araghchi in Tehran, Oman News Agency reported.
Wynn Al Marjan Island, a much-anticipated destination resort located in Ras Al Khaimah, today announced Townhomes, one of the resort's most exclusive accommodation offerings, located within Enclave, Wynn Al Marjan Island's boutique hotel.
Saudi Arabia is set to invest about €6 billion ($7 billion) in the development of three theme parks near Paris, in one of the kingdom’s latest major overseas investments through its Public Investment Fund-backed entertainment sector.
The Saudi Ports Authority (Mawani) announced the signing of an agreement between Red Sea Gateway Terminal (RSGT) and French shipping group CMA CGM to develop and operate the fourth container terminal at Jeddah Islamic Port, with an investment of approximately SAR1.6 billion.
The United States has threatened to impose damaging secondary sanctions on countries, financial institutions and companies that continue to provide economic lifelines to Iran, opening a potentially far-reaching new front in Washington’s campaign to isolate Tehran as the war approaches its six-month mark.
The UAE real estate sector maintained strong performance during the first half of 2026, supported by growing investment demand, expanding development activity and a diversified investor base, according to data released by real estate authorities.
Sharjah Electricity, Water and Gas Authority (Sewa) is implementing a package of projects that will see the upgrade of its natural gas network across the emirate. These include the Al Hamah Gas Transmission Line Project, Al Muwardah 6 and Al Qutaina 3 Gas projects.
Italian technology company Vimar said its Eikon Exé electrical control and home automation range has been selected for the newly opened Raffles Jeddah, a luxury hospitality development featuring 182 rooms and suites in addition to 120 apartments with private terraces.
Sharjah Electricity, Water and Gas Authority (Sewa) is implementing a package of projects that will see the upgrade of its natural gas network across the emirate. These include the Al Hamah Gas Transmission Line Project, Al Muwardah 6 and Al Qutaina 3 Gas projects.
About 80% of organisations expect AI spending to increase over the next two years, yet more than half struggle to operationalise the business knowledge AI needs to deliver business value, finds a new study.
Mazad, Bahrain’s leading digital auction and marketplace platform and a Mumtalakat portfolio company, has launche a new curated collection bringing various luxury names to the auction platform.
EYWA Way of Water, a waterfront residential project featuring 65 luxury residences in Dubai's Business Bay district, is targeting certification for electromagnetic exposure alongside top international wellness and sustainability standards. The premium development is due for completion in 2028.
Over 1,180 public and private schools across the UAE will reopen their doors on August 31 for the 2026-2027 academic year, welcoming more than 1.277 million students, it was revealed at a press conference on Wednesday held by the Ministry of Education.
Apple on Tuesday announced the new Mac mini with the all-new M6 and powerful M5 Pro and the new Mac Studio, featuring M5 Max and the all-new M5 Ultra.
Abu Dhabi Islamic Bank (ADIB), Marriott Bonvoy and Visa have launched two co-branded credit cards in the UAE, targeting travellers seeking rewards and premium lifestyle benefits.
Hewlett Packard Enterprise (HPE) will be showcasing its sovereign AI autonomous networking and hybrid cloud technologies at the LEAP 2026 tech event in Riyadh next week, as the company expands its focus on Saudi Arabia's growing digital infrastructure market.
Wallan Trading Company, the official distributor of Hyundai vehicles in the Central and Northern regions of Saudi Arabia, has unveiled its all new Hyundai 'Venue' - a compact crossover that combines contemporary design, advanced technology and everyday practicality - in the kingdom.
The Bench, the organiser of Future Hospitality Summit (FHS) series, has announced that its key event - Branded Residences Forum (BRF) - is being renamed as ‘FHS Living’, thus bringing branded residences together with seven other living asset classes under a single, expanded platform.
Qatar stepped up regional mediation efforts on Thursday, with Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani pressing Iran to restore freedom of navigation through the Strait of Hormuz, even as Tehran insisted that reopening the strategic waterway would depend on conditions being met by the United States.
